Tag: canal
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How the Houthis are also putting Egypt under pressure
The Houthis, a Yemeni rebel group, are expanding their control of maritime corridors in the Red Sea area. Their target is their avowed enemy Saudi Arabia. But the military moves also endanger Egypt.
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Tanker pays record US$5.3 million to transit Panama Canal: Administrator
South Korean company SK Gas paid the record sum for the G Spirit to transit the shipping lane on Sep 1, two days before canal authorities reduce the number of transits due to the El Nino weather phenomenon, Bloomberg reported.
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Panama Canal to cap ship transits due to El Nino drought
Panama Canal will cut daily transits of ships from September because of low rainfall and amid an intensifying El Nino event.
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Panama Canal to cut number of ships passing through due to El Niño
The crucial waterway’s operator says low rainfall caused by the ocean pattern had led to the decision.
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US-Iran war: Egypt’s difficult balancing act
The US-Iran war has already had a negative economic impact on Egypt. Now new threats from the Houthi group in Yemen are likely to worsen that. At the same time, Egypt is trying to stay on good terms with all parties.
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Canal+ says ‘Paddington 4’ is in works, as it locks down French streaming advantage
July 28 : Canal+ CEO Maxime Saada said on Tuesday that a fourth live-action Paddington film was in development with A-list talent, adding fresh momentum to one of StudioCanal’s biggest international franchises.The pay-TV provider will also be the first to bring “Paddington 4” to the small screen in France, ju
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Asian refiners look to Suez Canal to move Saudi oil amid Houthi shipping threats
HOUSTON, July 21 : Asian refiners are seeking to ship crude oil from Saudi Arabia’s Red Sea port through the Suez Canal and around Africa after Yemen’s Iran-aligned Houthis said they would impose a naval blockade on Saudi Arabia.The move marks the latest redirection of oil flows due to the U.S.-Israeli war wi
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Parisians cool off in canal amid ‘red alert’ heatwave
France has issued red heatwave alerts for around half the country as temperatures soar to record levels.
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